When an employee has multiple 401K Deductions (Roth AND PreTax), Spectrum has no way to add the two together to track the annual limit. It's a manual process by employee to make sure they do not exceed the limit. Try that with 500+ employees.
Guest
| Company | DNT Construction |
| Job Title / Role | CFO |
| I need it... | Yesterday...Come on already |
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Also, can we get Spectrum to adjust the limits based on age?
Need this ASAP, no reason you shouldn't be able to link a maximum to two deferral codes.
Right now, I have almost 200 employees. Some, including me, put into a Traditional and a Roth 401k. It would be nice to not have to manually calculate a limit based on their percentages every time someone makes a change to these.